Xero release: 23 June 2014

This morning we released a ton of updates to Xero. Here are some of the highlights – check out the Xero release notes to see the rest.

Xero TV on the login screen

We now display education videos right on the login screen making it easier for all users to be smarter with Xero, and discover new features. Our education team has been investing significantly to create useful content for Xero TV and it’s the best place to learn about Xero.

Support for four decimal places on unit prices

We’ve heard you! Plenty of you have been asking for Xero to support unit prices with more precision – a bit more to it than you might think but we hire smart people, so good to be able to tick this off. For most of you it will just work – however, if you use DOCX invoice templates you need to make a small update.

Default account code and tracking for contacts

A handy feature to make it easier to remember the correct account codes and tracking to use for specific clients and suppliers. Simply set the defaults on your client records and Xero will fill them in for you when invoicing and raising spend/receive money documents.

Consultant role

This is a new practice role that can be given to people you want to invite into your clients’ organisations without having to treat them as staff. Ideal for accounting firms wanting to invite bookkeepers in to help out.

New payment service – Authorize.Net

Good news for people on this community thread – you can now accept credit card payments using your Authorize.Net account.

Other good stuff in this morning’s Xero release includes:

Smart Lists – a tool that creates lists of customers based on the criteria you choose

New option to update your repeating invoices when you change a Contact’s email address

A number of these updates are courtesy of our amazing Sniper team while the rest of the team are actively working on some larger features, including reporting (a new Profit and Loss report is next in line), inventory and quotes. We’ll have more updates on these as we progress further.

18 comments

It’s often the smaller changes that make the bigger difference to me.
– Default accounts and tracking for contacts
– Archive and restore tracking categories
– Improvement to the Find & Match function in bank reconciliation

Good release, looking forward to more like this.

My suggestion for a future Sniper release: a little while ago you updated the Journals screen to add a new line when you got to the last line. This feature should exist in every screen that has line items.

Is there a option to default the unit pricing to “x” decimal places. For purchase orders, I enter into the unit pricing field (using the calculator function) VAT inclusive prices .e.g, 170/1.2

Previously this would show 141.67 with applicable VAT
Now it shows 141.6667

This is handy where you are only provided VAT inclusive prices on purchase invoices or simply want to check the VAT calculation on purchase invoices

The calculator is a great feature but now with the unit price defaulting to 4 decimal places which, although it will still calculate out the VAT to give the inclusive price, looks odd with 4 decimal places.

The extra decimal places feature is going to help my manufacturing clients do better business. Love it Xero. I wrote an article about it today on my blog to help my clients with some tips & tricks that expands on the Xero Help Centre article about how to update customised templates http://www.rapidentry.com.au/blog/item/18-new-to-xero-4-decimal-places

@Matt,
What I meant was when you go into Contacts/Financial Details/For Purchases and enter an account by starting to type the name it doesn’t autofill. It will autofill if you use an account number. In other parts of Xero I can type any part of the account’s name and it will pop up a list of all relevant accounts, and these change as I keep typing.